Business NO.:
3436011
Status:
Under Offer
Price:
$1,175,000
Plus SAV:
Yes
Updated on:
17/06/2025

IS THIS THE BEST COUNTRY PUB IN WA?

Restaurant | Business for Sale | Western Australia

  • LOCATED IN HIGH GROWTH RESIDENTIAL & TOURISM CORRIDOR 15 MINS FROM MAJOR REGIONAL CENTRE AND 20 MINS FROM THE BEACH
  • MONOPOLY "A CLASS" LIQUOR LICENCE IN THE TOWN
  • TRADING FROM THIS LOCATION SINCE 1905
  • NEW LEASE AVAILABLE WITH RENTAL OF ONLY 4.1% OF SALES (TYPICALLY 7-10%) AND TOTAL TENURE OF 30 YEARS
  • FIRST & LAST RIGHT OF REFUSAL OVER FREEHOLD
  • MULTI-AWARD WINNING FOOD TRADE SERVING 400 – 500 MEALS PER WEEK
  • OWNER CURRENTLY WORKING ONLY 4 DAYS PER WEEK WITH VENUE MANAGER AND EXECUTIVE CHEF IN PLACE
  • MINIMAL STOCKHOLDING (APPROX. $50,000)
  • GROSS PROFIT MARGIN (2024) WAY ABOVE INDUSTRY KPI AT 60% OF SALES
  • 2024 FINANCIALS SHOWING A 7.2% SALES GROWTH (3RD YEAR RUNNING) AND AN ADJUSTED NET PROFIT OF $400,000 (TO A WORKING OWNER)

ASKING PRICE: $1,175,000 + S.A.V APPROX. $50,000

TOTAL ASKING PRICE: $1,225,000

FOR FURTHER DETAILS PLEASE CONTACT MURRAY BROWN ON

PLATINUM BUSINESS SALES

PERTH'S PREMIER HOSPITALITY AND RETAIL BUSINESS BROKERS

For more details, please email broker or call agents.


5/219 Onslow Road, Shenton Park, WA 6008